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The Ethereum Foundation sold an additional 416.67 ETH, equivalent to 933,000 DAI, a short time ago, Onchain Lens reported.

Prevailing opinion in Iran suggests the U.S. either cannot control Israeli Prime Minister Benjamin Netanyahu or has tacitly approved Israel's attacks on the country, as these attacks persist despite a ceasefire agreement with the United States. That's according to a report from Iranian media outlet Fars News, which cited an Iranian source. The outlet added that Iran, concluding that Israel had violated the ceasefire, has conducted an airstrike on Beirut.

U.S. brokerage giant Charles Schwab has outlined recommended allocation percentages for Bitcoin (BTC) and Ethereum (ETH) based on investor risk profiles and the overall risk weighting assigned to crypto. According to data shared on X by Frank Chaparro, Head of Content at crypto market maker GSR, Charles Schwab suggested that if an investor sets a 5% risk weight for their crypto holdings, a conservative portfolio should allocate 0.7% to BTC, a moderate one 1.6%, and an aggressive one 2.3%. If the risk weight target is raised to 15%, the recommended BTC allocation increases to a maximum of 5.6% for an aggressive portfolio. In contrast, the firm recommended lower allocations for ETH under the same conditions. For a 5% crypto risk weight, the ETH allocation ranges from 0.5% to 1.5%. Even with a 15% risk weight, the maximum recommended allocation to ETH is 4.1%.

Global investment bank Standard Chartered is considering a partial acquisition of Zodia Custody, the crypto custodian in which it holds a majority stake, Bloomberg reported. The bank is reportedly exploring plans to integrate Zodia's crypto custody business into its corporate and investment banking division, which offers similar services. An announcement on the restructuring plan could come as early as this month, according to sources familiar with the matter.

Whale Alert reported that 200 million USDC has been minted at the USDC Treasury.

U.S. stocks opened sharply higher today on news of a two-week ceasefire between the United States and Iran. - The Dow Jones Industrial Average is up 2.76%. - The S&P 500 is up 2.64%. - The Nasdaq Composite is up 3.5%. Tech stocks have rebounded across the board, with Oracle (ORCL), Alphabet (GOOG), and Tesla (TSLA) rising around 5%.

As Morgan Stanley's spot Bitcoin ETF (MSBT) prepares to list on the U.S. stock market today, Bloomberg ETF analyst Eric Balchunas has projected its first-day trading volume could reach $30 million. Balchunas described the event as the biggest product launch in the history of Bitcoin ETFs, forecasting that MSBT could attract $5 billion in assets under management within its first year.

Thailand's Securities and Exchange Commission (SEC) is pursuing a regulatory amendment that would extend its oversight to include not only the major shareholders of cryptocurrency businesses but also their ultimate financial backers, Cointelegraph reported. Under the proposed changes, any entity providing funds through direct investment, equity acquisition, guarantees, or other contracts would be considered a shareholder and subject to approval by the authorities. The SEC explained that the measure is intended to prevent illicit funds from entering the market and to lower legal risks for operators. An exception will be made for cases where a government-related agency is the major shareholder. The proposal is open for public comment until April 22.

Morgan Stanley has identified a significant undervaluation in Bitcoin mining companies, arguing that their infrastructure is becoming increasingly critical as the AI industry's explosive growth makes electricity a key strategic asset. The analysis, shared on X by VanEck's Head of Research Matthew Sigel, highlights a major discrepancy in energy pricing. According to Morgan Stanley analysts, mining firms are currently valued at $2 to $7 per watt of enterprise value (EV/watt), whereas electricity in the AI cloud market trades for $13 to $15 per watt. The analysts contend that the power grid access secured by these miners is a core asset in the age of AI. With annual electricity demand for AI projected to surge by 30%, the mining sector's power infrastructure is positioned to become an essential alternative. While the poor stock performance of some miners can be attributed to high volatility and execution risks associated with smaller firms, Morgan Stanley suggested a potential ratings upgrade for companies with improved operational efficiency, such as MARA Holdings (MARA), from its current 'Underweight' position.

Top 5 by Social Dominance - BTC: 33.7% (+0.75%) - ETH: 11.8% (+1.05%) - XRP: 2.75% (-0.25%) - USDT: 0.55% (+0.1%) - LTC: 0.5% (+0.05%) Top 5 by AI Search Volume - Ethereum (10%) - Solana Foundation (9%) - Polkadot (5%) - Aave (5%), up one spot - Polygon (4%), up one spot

Top 5 Gainers (24h) - K: $0.0023 (+82.79%), 24h vol: $5.29 million - 币安人生: $0.0932 (+29.62%), 24h vol: $51.85 million - RSC: $0.0814 (+27.99%), 24h vol: $1.7 million - ORDER: $0.0667 (+24.40%), 24h vol: $59.92 million - L3: $0.0157 (+21.32%), 24h vol: $17.77 million Top 5 Losers (24h) - CORN: $0.0311 (-22.03%), 24h vol: $5.72 million - DUCK: $0.0002 (-21.01%), 24h vol: $953,120 - ARIAIP: $0.0032 (-20.50%), 24h vol: $395,380 - RLS: $0.0027 (-19.36%), 24h vol: $6.82 million - KERNEL: $0.0885 (-17.42%), 24h vol: $46.69 million

Iran is demanding that ships passing through the Strait of Hormuz pay tolls in either Bitcoin or Chinese yuan, the Financial Times reported. In an interview with the outlet, Hamid Hosseini of the Iranian Oil, Gas and Petrochemical Products Exporters' Union stated that Iran plans to collect tolls from all oil tankers transiting the strait. He explained that during a two-week ceasefire with the U.S., Iran is responsible for monitoring vessels to prevent arms transport. According to Hosseini, each ship will be required to declare its cargo to Iranian authorities via email. Once the review is complete, the vessel will be given a window to make the payment in Bitcoin.

Polygon Labs, the developer of Polygon (POL), is seeking to raise up to $100 million to fund its entry into the stablecoin payments business, The Information reported.

Morgan Stanley's Bitcoin ETF (MSBT), which launches today, could emerge as the biggest competitor to BlackRock's spot Bitcoin ETF (IBIT), CoinDesk reported. IBIT currently leads the crypto ETF market in liquidity. The outlet noted that MSBT could challenge BlackRock's dominance with its industry-low management fee of 0.14% and a $7 trillion asset management network. However, Bloomberg analyst James Seyffart commented that while the launch could impact the market, it remains to be seen whether it can draw funds away from other ETFs. He added that IBIT is currently the most liquid ETF, and it will not be easy for MSBT to catch up in the short term.

Mythos, an artificial intelligence model from Anthropic designed to detect software security vulnerabilities, could pose a potential threat to decentralized finance (DeFi), CoinDesk reported. Anthropic, which recently released a preview version of the model, has stated it will not be released to the general public. The decision was based on the judgment that the model's dramatically improved performance also increases potential cyber risks. CoinDesk noted that Mythos discovered a bug in the OpenBSD operating system that had gone undetected for 27 years, at a computing cost of less than $50. The model also found security flaws in cryptographic libraries, including TLS, AES-GCM, and SSH, which could threaten the security infrastructure of DeFi and exchanges if exploited.

Decentralized exchange (DEX) Aster (ASTER) announced via its official X account that it listed Marina Protocol (BAY) perpetual futures at 12:00 p.m. UTC on April 8. To celebrate the listing, Aster is holding a trading campaign with a total reward pool of $50,000 in ASTER tokens until 2:00 p.m. UTC on April 15. Users who pay more than $5 in trading fees for the pair will be automatically entered, with rewards distributed based on their share of the total trading fees generated.

Chinese car trading service platform Cango announced it sold 2,000 BTC in March, using the full proceeds to pay down a Bitcoin-backed loan and reduce its debt. The company, which previously acquired BTC miners from Bitmain, stated that as of March 31, its total outstanding Bitcoin-backed loan balance was $30.6 million. Cango currently holds 1,025.69 BTC.

Pharos, a Layer 1 blockchain specializing in financial infrastructure, announced it has raised $44 million in a Series A funding round, bringing its total funding to over $52 million. The round was led by a consortium including an Asia-based private equity fund, a renewable energy company, and a Hong Kong-regulated financial institution. Other participants included Sumitomo Corporation Group, SNZ Capital, Chainlink (LINK), and Flow Traders. Pharos plans to use the funds to accelerate the expansion of its Real-World Asset (RWA) tokenization-based 'RealFi' ecosystem and strengthen the link between institutional capital and on-chain infrastructure.

Members of the Ethereum community have proposed EIP-8142, or 'Block-in-Blobs,' to integrate core transaction data into blobs, aiming to solve network bandwidth bottlenecks and increase scalability. According to The Block, the proposal's core is to reduce network load by allowing validators to verify only a portion of data through data availability sampling (DAS) instead of downloading the entire dataset. If adopted, the currently separate execution gas fees and blob data costs would be merged into a single 'data gas' system, creating a more efficient cost structure.

A senior Iranian official has stated that Iran could reopen the Strait of Hormuz as early as April 9 or 10, a media outlet reported. The move is contingent on reaching a basic ceasefire agreement with the U.S. ahead of talks scheduled to take place in Pakistan. The official added, however, that any reopening of the shipping lane would be limited under the current circumstances. He also noted that consultation with the Iranian military is necessary and that all vessels would still require permission to pass.

Bitcoin buyers have accumulated approximately 850,000 BTC within the $60,000 to $70,000 price range, CoinDesk reported, citing an analysis of Glassnode data. This brings the total amount of Bitcoin accumulated in this zone to 1.85 million BTC, representing 9.23% of the circulating supply. Since Jan. 1 of this year alone, 844,275 BTC has been added to this range, suggesting that market participants have been aggressively buying dips below the $70,000 level. The report also noted that the $70,000 to $80,000 range has seen comparatively less trading volume, with an estimated 400,000 BTC accumulated. This thinner supply wall could lead to increased volatility or continued sideways movement.

U.S. President Donald Trump said he could pursue a joint venture with Iran to ensure the safety of the Strait of Hormuz following a two-week truce. In an interview with ABC News on April 8, Trump was asked whether he would allow Iran to charge tolls on ships passing through the strategic waterway. He responded that he is considering a joint venture, describing it as a way to protect the strait while preventing many other countries from getting involved. Trump reiterated that Iran would not be permitted to have uranium enrichment capabilities, a stance that contrasts with Iran's repeated assertions that it will not abandon its right to enrich uranium. He also indicated that U.S. troops would not withdraw from the Middle East, suggesting they would remain in the region to enforce any future agreement. Trump predicted that peace negotiations would begin on April 10 and progress quickly.

A two-week ceasefire between the U.S. and Iran has driven a short-term rally in Bitcoin, but it is too early to conclude that investor sentiment in the risk-asset market has fully recovered, CoinDesk reported. The outlet noted that Bitcoin has risen 3% over the past 24 hours, while ETH, XRP, and SOL have all climbed by more than 5%. This price action was primarily caused by the ceasefire, which led to the reopening of the Strait of Hormuz and a sharp drop in oil prices. The decline in oil has eased inflation concerns and lowered the probability of a rate hike by the Fed, creating a favorable environment for cryptocurrencies, CoinDesk analyzed. The bullish sentiment could be reinforced if Morgan Stanley's Bitcoin ETF sees sufficient trading volume and inflows on its first day. However, CoinDesk added that it is premature to assume a full recovery in investor sentiment, considering that the liquidation of short positions in the Bitcoin futures market had a significant impact on the short-term price increase. From a technical perspective, CoinDesk identified the next major resistance level at $76,100, near the 100-day moving average, with major support at $65,000.

U.S. President Donald Trump announced on social media today that the United States will cooperate closely with Iran, confirming that a very productive regime change has taken place in the country. Trump stated that uranium enrichment activities within Iran will be prohibited and that the U.S. will work with Iran to excavate and remove all deeply buried nuclear remnants. He added that discussions are underway regarding tariff and sanction relief, claiming that agreements have already been reached on a significant number of 15 items. Furthermore, Trump suggested the possibility of a joint U.S.-Iran project related to passage tolls in the Strait of Hormuz.

U.S. President Donald Trump announced an immediate 50% tariff on all exports to the United States from any country that supplies military weapons to Iran. President Trump emphasized that there will be no exceptions or exemptions.